| TNA latest price $26.5700 (-7%) ($26.0900 - $29.5000) on Thu. May. 28, 2020. |
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| Trend Analysis and Forecast |
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Average Daily Percentage Swing | 12.67% (three month average) |
RSI | 64 |
Latest Price | $26.5700(-7%) |
Stocks Behave Similarly | Similar Stock List |
Daily Trend | TNA advances 2.4% a day on average for past five trading days. |
Weekly Trend | TNA advances 11.7% a week on average for past two weeks. |
Market Behavior | Normal for large cap. Broad based sell-off for small cap. |
Correlated ETFs | Broad market will support TNA advance at 0% a week (0% probability) VT(87%) XLI(84%) XAR(83%) IWM(82%) VYM(82%) |
Factors Impacting TNA price | TNA will decline at least -6.335% in a week (0% probabilities). VIXM(-64%) UUP(-35%) VXX(-27%) TLT(-5%) XLC(4%) |
Explanation | The rally is not sustainable and not supported by the broad market. |
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Relative Volatility | (options are extremely cheap) |
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Market Trend Strength | -6.335% (StdDev 12.67%) |
Hourly BBV | -0.1 () |
Intraday Trend | -9.9% |
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